Dr. KAROLIEN DIDDEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Dr. KAROLIEN DIDDEN
Largest movements
- Tangible fixed assets +€118,787
up €118,787 (+4.9%), from €2.4m to €2.6m
of which Land and buildings: +€121,285
- Receivables within one year +€31,971
up €31,971 (+794%), from €4,029 to €36,000
of which Other amounts receivable: +€34,971
- Debts after one year -€417,652
down €417,652 (-35.3%), from €1.2m to €765,011
- Other debts +€300,595
new in 2025: €300,595
- Profit (loss) carried forward +€136,514
up €136,514 (+29.8%), from €458,670 to €595,184
- Provisions +€81,220
up €81,220 (+36.7%), from €221,210 to €302,430
- Current portion of long-term debt +€61,000
up €61,000 (+117%), from €52,332 to €113,332
- Provisions -€58,770
down €58,770 (-42.0%), from €139,990 to €81,220
- Gross operating margin +€30,564
up €30,564 (+8.7%), from €350,152 to €380,716
- Taxes +€20,588
up €20,588 (+66.2%), from €31,096 to €51,683
- Depreciation +€10,930
up €10,930 (+21.1%), from €51,783 to €62,713
- Other operating charges +€4,419
up €4,419 (+38.7%), from €11,422 to €15,841
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,452,954 | €2,611,318 | +€158,364 | +6.5% |
| Fixed assets | 21/28 | €2,442,290 | €2,561,077 | +€118,787 | +4.9% |
| Tangible fixed assets | 22/27 | €2,442,290 | €2,561,077 | +€118,787 | +4.9% |
| Land and buildings | 22 | €2,430,482 | €2,551,767 | +€121,285 | +5.0% |
| Plant, machinery and equipment | 23 | €11,807 | €9,309 | -€2,498 | -21.2% |
| Current assets | 29/58 | €10,664 | €50,241 | +€39,577 | +371% |
| Amounts receivable within one year | 40/41 | €4,029 | €36,000 | +€31,971 | +794% |
| Trade receivables | 40 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts receivable | 41 | €1,029 | €36,000 | +€34,971 | +3,399% |
| Cash at bank and in hand | 54/58 | €639 | €7,745 | +€7,106 | +1,112% |
| Deferred charges and accrued income | 490/1 | €5,997 | €6,497 | +€500 | +8.3% |
| Total equity and liabilities | 10/49 | €2,452,954 | €2,611,318 | +€158,364 | +6.5% |
| Equity | 10/15 | €866,365 | €1,002,879 | +€136,514 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €389,095 | €389,095 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €387,235 | €387,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | €458,670 | €595,184 | +€136,514 | +29.8% |
| Provisions and deferred taxes | 16 | €221,210 | €302,430 | +€81,220 | +36.7% |
| Provisions for liabilities and charges | 160/5 | €221,210 | €302,430 | +€81,220 | +36.7% |
| Major repairs and maintenance | 162 | €221,210 | €302,430 | +€81,220 | +36.7% |
| Amounts payable | 17/49 | €1,365,379 | €1,306,009 | -€59,370 | -4.3% |
| Amounts payable after more than one year | 17 | €1,182,663 | €765,011 | -€417,652 | -35.3% |
| Financial debts | 170/4 | €1,182,663 | €765,011 | -€417,652 | -35.3% |
| Amounts payable within one year | 42/48 | €182,716 | €540,998 | +€358,282 | +196% |
| Current portion of amounts payable after more than one year | 42 | €52,332 | €113,332 | +€61,000 | +117% |
| Financial debts | 43 | €25,520 | €25,000 | -€520 | -2.0% |
| Credit institutions | 430/8 | €25,520 | €25,000 | -€520 | -2.0% |
| Trade debts | 44 | €12,226 | €18,365 | +€6,139 | +50.2% |
| Suppliers | 440/4 | €12,226 | €18,365 | +€6,139 | +50.2% |
| Taxes, remuneration and social security | 45 | €92,637 | €83,705 | -€8,932 | -9.6% |
| Taxes | 450/3 | €88,789 | €82,779 | -€6,010 | -6.8% |
| Remuneration and social security | 454/9 | €3,848 | €926 | -€2,922 | -75.9% |
| Other amounts payable | 47/48 | - | €300,595 | +€300,595 | |
| Remuneration, social security and pensions | 62 | €11,207 | €8,425 | -€2,782 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,783 | €62,713 | +€10,930 | +21.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €139,990 | €81,220 | -€58,770 | -42.0% |
| Other operating charges | 640/8 | €11,422 | €15,841 | +€4,419 | +38.7% |
| Gross operating margin | 9900 | €350,152 | €380,716 | +€30,564 | +8.7% |
| Operating profit (loss) | 9901 | €135,750 | €212,517 | +€76,766 | +56.5% |
| Financial income | 75/76B | - | €157 | +€157 | |
| Recurring financial income | 75 | - | €157 | +€157 | |
| Financial charges | 65/66B | €20,581 | €23,736 | +€3,155 | +15.3% |
| Recurring financial charges | 65 | €20,581 | €23,736 | +€3,155 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €115,170 | €188,937 | +€73,768 | +64.1% |
| Income taxes | 67/77 | €31,096 | €51,683 | +€20,588 | +66.2% |
| Profit (loss) for the period | 9904 | €84,074 | €137,254 | +€53,180 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,074 | €137,254 | +€53,180 | +63.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.